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FOX Business
Dec 9, 2013 6:00pm EST
, user's guide to taxes. big change is coming. he will get you prepared tonight . and america's worst charities, is essential advice on giving wisely this christmas. we're watching out for you tonight on "the willis report." ♪ gerri: welcome to "the willis report." your show, your money, your voice. tonight your health care costs. new warnings of how the architect of obamacare processing you can keep your doctor if you paid up with more on this, it has some fire, health fellow at the heritage foundation. dr. kevin campbell, cardiologists will we're talking about, over the weekend, ezekiel emanuel said that, yes, you can keep your doctor, but you may have to pay more. listen to this. >> he asked a question, if you like your doctor, you can keep it. did he not say that, sir? >> did not say you could have unlimited. >> a simple yes or no question. >> yes. if you want to pay more for an insurance company that covers your doctor, you can do that. this is a matter of choice. you pay more for a wider range of choices or wider range of benefits. gerri: you are a doctor. did this come as a s
FOX Business
Dec 8, 2013 1:30am EST
are going to deliver the best business blockext. neil takes it away. >>> pump it, then tax it. i don't know about you, you've had enough of it. welcome, everybody. follow the money if you can even find the money. because it is not easy to get t of the democratic congressman when he's looking for money. not just a little more money. oregon's guy wants to double the taxes because he says our infrastructure needs the dough. i asked can you spell out for me congressman where that $42 billion has gone? >> the sbujt available for every state. the budget is available for every state. >> if the goal was to fix roads and bridges, and they're still, accurately to your point, falling apart, me think somee has stolen it, someone it was taken it. >> wow. >> wow is right. i should never have interviewed somebody with a bicycle pin on their lapel but that's neither here nor there. here's the deal, if we're already collecting more, than 120 million buck each year to fix our roads and bridges. i haven't factored in the $800 million in stimulus money that was supposedly going to shovel ready road jobs, are p
Bloomberg
Dec 9, 2013 5:00am EST
be sold. be doing so. >> thank you, caroline. on he u.s. is clamping down tax evasion. urged to s are being participa participate. we have all the details. been talking about it. this could be the end of the ing -- bingeing. >> we are at the turning point they the americans believe $100 billion. u.b.s.. has gone after the department of justice saying you notice,ve given we want you on board and go for voluntary disclosures in terms names of people that you have helped evade taxes and swiss saying guys get on board with this program because don't you potentially face criminal investigation and fines. that s one way of jumping and staying in the u.s. and saying to the authorities look, numbers the names and and it definitely has had an impact. in terms of u.s. assets overseen byswiss banks it has dropped 70% and the americans said yeah swiss bank account and the amount of money. >> this is the disclosure. saying i think you should comply now otherwise they say spying. 14 banks are already involved in criminal investigation and go to the after you sites so you have credit suisse, h
FOX News
Dec 4, 2013 1:00pm PST
, a three-step phase-in a 15-cent gas tax increase. the first increase in 20 years. >> well, he said he would do it, and today he d. i just last night asked pointblank why the heck he was. there are a lot of people listening it this. this congressman is talking about -- >> don't trash security councci- >> if the gas tax, acting like it's no big deal. >> i didn't say it was not a big deal. i said it is a big deal. it's very important. the ability to fund transportation because we haven't raised the gas tax in 20 years -- >> you can't account for the money that's been allocated already, that's committed already. >> absolutely you can. look at your communities in terms of the bridge construction, the maintenance. onestly believe working with the folks that you do that the money you might get from this gas tax is going to be used exclusively and only for repairing roads and bridges and fixing our highways? do you think that's really going to be the case? does the history with the people you work with indicate that that will ever be the case, really? >> why do you say that? where do you thin
FOX News
Dec 3, 2013 1:00pm PST
savings goodbye. a gas tax hike that could wipe them out. ick with innovation. stick with power. stick with technology. get the new flexcare platinum from philips sonicare and save now. philips sonicare. >>> talk about a kick in the gas. a push to double the federal tax on every gallon of gas. to democratic congressman says it's time and it will do some good. you're talking about hiking the tax to more than 33 cents a gallon. that doesn't sound all too good but explain why you think it's a good idea. >> well, first of all, we haven't raised the gas tax in 20 years. during that time the amount that the average motorist pays per mile they drive because of increased full efficiency and inflation, has been cut in half. we are facing for all the talk of a budget deficit, we're facing an infrastructure deficit. and because we have just sort of run the gas tax trust fund down to where it's approaching zero, if we don't do something in the next ten months, we're going to face an inability to fund any transit funding next year, and the federal highway funding will drop 92%. >> what's happened t
FOX Business
Dec 9, 2013 4:00pm EST
's wealth tax proposal cause wall streeters to move to main street? steve forbes talks about the potential implications of the new mayor's plan in just a moment. cheryl: they might be corporate rivals, apple, google, facebook are a few of the names teaming up to challenge the government surveillance programs. we'll take a look what they think the solution is. ♪ as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with amazing rewards. with thepark cascard from capital one, i get 2% cash back on ery purchas every day. i break my back around here. finally soone's recognizing me with unlimited rewards! meetings start at 11, cindy. [ male announcer get the spark business card from capital one. choose 2% cash back or double miles on every purchase, every d. what's in your wallet? i need your timesheets, larry! does your mouth often feel dry? a dry mouth can be a side effect of many medications but it can also lead to tooth decay and bad breath. that's why there's biotene. available as an oral rinse, toothpaste, spray or gel, biotene can provide soot
FOX Business
Dec 4, 2013 11:00am EST
that. by your gifts online, paying tax, others don't, supreme court doesn't want to get in the middle of it. judge andrew napolitano has no problem getting in the middle of that. and then, consolidating your wallet into just one card. the high-tech idea could be the way we shop in the future. it is all coming up along with dagen mcdowell on "markets now." dagen: giddyup. changing out of the shirt you had done earlier and now you look more businesslike. connell: i will take that as a complement on both sides. i have no other choice but to check the market and talk to the judge. dagen: we have to hit your slender. we have gains on the market right now despite the better-than-expected numbers from adp, nicole petallides at the new york stock exchange. nicole: you mentioned adp, which was better. we also got new hom home sales numbers better than expected, we are seeing the market with three straight days of selling and they might have scooped up some opportunity. right now dow jones industrial of 41 points, a gain of one quarter of 1%. microsoft hitting new highs, goldman sachs and unite
CBS
Dec 3, 2013 5:00am PST
tax on the rise during the holiday shopping season. when do you need to pay taxes for things you buy online? we'll tell you coming up. >> also ahead, a play of the day that will have you on the edge of your seat. >> cloudy with showers now but get ready, we are headed for the deep freeze! we'll tell you when coming up. >> and even though traffic conditions are pretty light right now over at the bay bridge toll plaza, there is a stalled bobtail truck blocking a lane on the deck. we'll show you where. but first, we want to know what drives you crazy during your commute. you can ask a question or share a gripe by e-mailing crazy@kpix.com. we're pointing to lawrence. what drives you crazy besides lawrence? tweet me at #ewengerkpix. we'll be right back. ,, i love having a free checked bag with my united mileageplus explorer card. i've saved $75 in checked bag fees. [ delavane ] priority boarding is really important to us. you can just get on the plane and relax. [ julian ] having a card that doesn't charge you foreign transaction fees saves me a ton of money. [ delavane ] we can go to any
CSPAN
Dec 1, 2013 9:30pm EST
, more spending, and more taxing. that is what would drive up interest rates, that is what would hit the cost of living and that is what every family in this country should dread. >> order. >> you're been watching prime minister's questions. question time cares on c-span2 every wednesday. again on sunday night at 9:00 p.m. eastern on c-span. you can watch anytime at c- span.org. on the next washington journal, what to expect from healthcare.gov afternoon fixes. scott wilson joins us. health careon state exchanges and online enrollment compared to the federal exchange. in recognition of the 150th anniversary, a discussion about the law and dealing with whistleblowers and its effectiveness. plus, your calls, e-mails and tweets on "washington journal" on c-span. social media is an old idea. we think it is recent and only people alive today have done it. there's a very long and rich tradition of social media that goes back to the late roman republic. that is first century bc in the point is you do not need a digital network to do social media. you could actually do it in your own face. c
PBS
Dec 4, 2013 3:00pm PST
's pension benefits an cut those benefits, adopted a multimillion dollar tax cut for multinational corporation within that state. so the state is not impoverished. the state is choosing priorities that are different than the citizens have chosen by adopting a constitutional protection of pension benefits. >> woodruff: andrew biggs what about that, and what about the bigger picture here, that the blame, that if there is going to be pain, the pain should be spread, that it shouldn't be mainly or even in large part these people who have worked so hard for these cities. >> uh-huh. i suspect in the case of detroit, it's not going to be mainly or in large part on the pensioners, it going to be mostly on the bondholders who are going to get hit much more. i mean steve is right when he cites the average benefits people receive from pensions. that includes a lot of people who spent a few years in public employment and are getting very small benefits. if you are somebody who spent a full career working for the city of detroit, you would retire with a benefit equal of around two-thirds your f
CSPAN
Dec 9, 2013 7:00am EST
the discussion over the past five years. hikes.looking at tax they are also not looking at significant cuts to medicare, security,or social which are areas republicans say needs to be done. instead we are looking at pretty small things and haggling over whether to have federal employees attribute more to their retirement -- employees contribute more to their retirement plans. thingse also looking at -- a spectrum that is going to be sold to telephone companies. they are looking at a small budget deal that would replace some of the sequester, the automatic spending cuts that were launched in 2011 as part of a but -- part of a different budget process. like can't there right now? why can't there be a grand bargain right now? caller: because republicans and democrats can't agree. all ryan, the chairman of the budget committee, and patty murray decided they were not going to go after the towels of the other party and just try to get something that was possible -- after all these failed budget agreements in the past, look we are not even going to go there this time. we are going to go for someth
Al Jazeera America
Dec 9, 2013 7:00pm EST
about people at the top that have gotten much of the wealth? should we be taxing them more? >> that's a very important part. now if you look at estate taxes over the last ten years it has been on the decline. because the government has allowed wealthy government to pass more and more of their income on to their children and grandchildren. so that's a big issue. a lot of people in the top 10 of 1%, her not getting a paycheck, a lot of them are getting from investment returns. one thing about that is capitol gains taxes, taxed at a lower rate. and also if you look at wall street, and what's happening, in the dough jones and the s&p 500, you will see a lot of those returns are doing incredibly well. >> is there one thing that people at the middle income, or low income levels can do to dig themselves out? >> that's a great question. we focus on the individual, the one thing we really believe is that individuals have a tremendous power, to change their financial futures. if they just follow certain steps. everyone has a different story, things like living within their means. things that
LINKTV
Dec 3, 2013 5:00am PST
the increase in consumption tax scheduled for april. >> translator: society will face confusion if wages fail to increase along with the rise in prices. >> dengo will also try to improve the working conditions for nonregular workers. it plans to encourage the introduction of rurals to help convert to full-time employees. members will submit their demands to their companies and management by february. >>> japanese officials are putting together a stimulus package to drive economic growth. they plan to spend about $53 billion to counter the impact of the planned consumption tax hike. the stimulus sets aside $10 billion for japanese firms for innovative drugs and smaller firms overseas. the package also includes about $3.2 in cash payments to people whose incomes are below a certain level and it earmarks about $1.5 billion to ease the financial burden for home buyers. the government will also spend $10 billion to accelerate the recovery in fukushima and other disaster-hit areas. officials plan to finalize the measures in coming weeks. they'll compile an extra budget by mid-december to carry out
Bloomberg
Dec 5, 2013 4:00am EST
figure. we are way out of line with countries like france and germany where taxes are much lower. at this stage of the economic recovery, small and medium-sized businesses need cash. they could bust because of lack of cash. it really needs reforming. >> let's talk about small and medium enterprises. what does this institution find here -- need to do to give suffrage to the small and medium enterprises? it needs to be frozen and then reviewed. these smes also need to have access to finance. fillre trying to for orders from overseas, often turning the down because they can't get the working capital. what they need is a business bank. capital ratherve than having to rely purely on equity. other countries have a business bank. the united states, canada, france, italy, germany has a fantastic business bank. very very important. >> we talk about the small and enterprises, the ability to pay taxes is critical. what additional support would hear?ke to do you really think he is going to give you anything in this statement? >> i would hope he would, but the export support area is a critica
CSPAN
Dec 2, 2013 4:10am EST
, -- limitations of acceptability, the feasibility, and cost. what can we do? we could tax and restrict access and intervene. i am not suggesting we intervene. we tried that with alcohol. it was a disaster. you cannot have storm troopers invading people's homes for baking an apple pie. that is not going to happen. i do not even suggest it. because my wife would be the first one they would have to take away. what we need to do, like we have with every other substantive abuse is come to peaceful coexistence. we have to find the right amount of legislation, regulation to be able to manage the problem rationally, like we tried to do with tobacco. we can argue about the wisdom of that, especially worldwide, and alcohol. no interdiction but plenty of taxation and restriction of access as needed. so what factors contribute to increased soft drink consumption? price. since the 1980's, the price has and the introduction of high fructose corn syrup, the price has only increased 50% versus food. food has gone up higher than sodas have. sodas increased only 20% against fruits and vegetables. we are suppos
CSPAN
Dec 3, 2013 9:00pm EST
to find violators. what if a president wanted tax cuts that congress would not enact? president george w. bush proposed a reduction in the capital gains rate. have instructed the irs not to tax capital gains at a great greater than 10%? the point is not what you think of president obama's policy decisions. the point is, the president may consistent with the command that he faithfully execute the waiveunilaterally amend, or suspend the law. must resist the delivery pattern of circumventing the legislative branch in favor of administrative decision-making. we cannot allow the separation of powers enshrined in our abandoned into be favor of an undue concentration of power in the executive branch. warned, theison accumulation of all powers, legislative, executive and hands mayin the same justly be pronounced the very definition of tyranny. i introduced mr. conyers for his opening statement. >> top of the morning to my colleagues. the president's constitutional duty to faithfully execute the would be an important issue worthy of hearing by this was anye if there evidence that the president ha
FOX Business
Dec 9, 2013 1:00pm EST
listing means for the exchange. lori: big tax fighting back, some of the sector's biggest names callin: on washington to b government surveillance. their plan straightahead but first time for stocks now, let's head to the floor the new york stock exchange with nicole petallides. stocking sendin extending fridag jobs inspired jump. nicole: that is) jobs inspired jump, without enough to push us over the unchanged line for the week but we did have a nice gain on friday, 200 planes worth. today adding 19 points, that pales in comparison but still end up arrow nonetheless. at least has been kept to the upside up about one-tenth of 1% to a quarter of a percent. it is worth watching the s&p, it is up nearly 27% this year, which is the best year we have seen since late 1998. we have a big deal today. talking about the food company, u.s. foods reached a deal to merge. the total enterprise of the transaction everything included is actually over $8 billion. up 11.5%. back to you. adam: so, deal or no deal. negotiators in the house and senate work to hammer out a budget deal before the house leave
Bloomberg
Dec 9, 2013 2:00am EST
japanese companies can stay competitive under his policies. regarding the corporate tax starting next fiscal year, we decided to reduce by 2.4% and we will be moving forward with reviews and studies on how corporate tax should be in order for japanese companies to stay competitive. thee will have a more from exclusive interview throughout the program. >> ukraine. protesters have flooded the streets of the capital among speculation that the president is going to sign up to a russian trade bloc. david tweed is there. angela merkel must be keeping a close eye on that. >> i want to give you an idea on how much of the german media and political establishment -- i want to show the right side the newspaper. this is the picture on the front and is also on the front of several other national newspapers that the statue of lenin was toppled late last night. and then decapitated. this is a big issue for angela merkel. last week, the german foreign with the president will stop some of the opposition of the coalition is quite well known. he's a former world champion boxer. the interesting thing is
CSPAN
Dec 3, 2013 11:00pm EST
. in some instances, require you to file an income tax return. is the constitution capable of ignoring both categories of law? said, several times, congressman garrity, -- cannotthe president refuse to enforce a law because the policy reasons. >> the congress decided that if you possess a controlled substance, you get a certain in prison.ime you may or may not like mandatory minimum sentences, what this administration summarily dispensed with that law. my question to you is whether or not the chief executive ken and failed to enforce categories of law that are permissive and mandatory. >> it is established that the executive branch has prosecutors prosecuteretion -- orial discretion. >> can the president -- let's assume that a statute requires you to have two pieces of identification to purchase a firearm, can the chief executive knock it down to one? >> i guess i would -- -- can achieve executive >> can the chief executive knock it down to one form of identification? of limits onare the presidential pardon authority. >> you would say he could question mark >> under the pardon authority, he
CNBC
Dec 9, 2013 6:00am EST
which is trying to make a big stink about this suggesting that they wouldn't, for example, allow tax cuts or other types of things for certain companies and not others, right? this is whether we should have tax cuts. >> this happens all the time. totally incestuous between public and private constantly. look at places like illinois now where any company that stays is getting some kind of a deal except probably the small ones. >> except the small ones. any company of any size is getting a deal. >> maybe the rolls should be across the board nothing? >> no. >> a friend of mine, joannea kagan. >> didn't bob kraft do it in foxborough? >> i don't know enough. >>> let's talk about the next story. if you work on wall street and are considering growing a beard, an article in "the new york times" says that while beards are in fashion right now, that is not the case in the finance industry. i guess it's okay in fashion, it's okay in design. a lot of different areas if you're a helpster but in the fashion world, gentleman, the argument goes it looks like you have something to hide. >> you could
CSPAN
Dec 7, 2013 4:00am EST
provide health insurance or pay taxes. this and other subsequently announced the delays do not enforce at all. on the contrary they are merely phasing in the adjustments designed to ensure effective implementation of the statute in accordance with congress purposes. the treasury department announcement makes that clear in the proposed regulations that it has followed through on on september 5 to make that clear as does the treasury statement that it intends to continue fine-tuning those regulations and working with the people affected by them until you become finally effective. and i should emphasize just after the administration took this action, president george w. bush secretary concord the obama administration to delay the mandate was wise. that was based on his experience in phasing in the medicare part d. prescription drug benefit. i have to say hyperventilating about an extraordinary and unprecedented constitutional these delays are is just that. it's contrary to the obvious historical fact. nor is the delay of the employer mandate on the front of the constitution. the framers c
MSNBC
Dec 3, 2013 7:00am PST
to qualify. you can get tax-free money from the equity in your home. you can use the money to pay off your current mortgage if you have one. the remaining money can be used for anything. there's no monthly mortgage payments. and you still own your home! call today to get your free guide and dvd. it explains how a government-insured reverse mortgage works. there's no obligation. one reverse mortgage is a quicken loans company. their licensed experts can answer all your questions. call to find out what a great solution this can be. don't wait, call now! >>> today the administration is fending off a new wave of republican and conservative legal challenges. two states are claiming the irs does not have the power to give tax credits or subsidies to people who buy insurance through the federal health exchange. that is a long shot, although it is one in a series of suits across the country that target the affordable care act. i want to bring in oklahoma congressman james lankford and number five republican in the house. good to see you, congressman, good morning. >> good to see you as well. >> we
FOX Business
Dec 6, 2013 9:00pm EST
. >> in the '80s and '0s we did not have just a tax increase of cuts but that have been dip this year that could have called is like having 400,000 jobs crted because we're not in stimulus motive to do more. it wasood news. >> so if we have a government is shut down assembly will have a quarter reported taken off for gdp what a powerful economic engine and then we have third quarter gdp growth of 3.6% iested a couple years it a good jobs ever. i thought the sequester were to be devastating? >>. >> the more it cuts spending the better for the private sector when dispense the dollar i don't understand the logic. >> we pay people borrow money not to work and people are working. that does not make sen. >> to give emergency benefits where does the money come from? >> if we give you a tax cut they will put it in their pocket. >> we have to make sure that people need the jobs and food get it. >> with 47 million people? people largely a pretty good job. >> of course, the we should not said that giving a lot more welfare benefits was better for the economy that it be better with 30 billion forth three or
CNBC
Dec 5, 2013 4:00am EST
another massive package including more than $50 billion in spending to help offset sales tax hike. >>> mario draghi should be holding fire, despite the recent drop in inflation. investors eyeing the ecb's economic staff projections. >>> and i told you so. british chancellor george osborne may have reason to gloat. >>> and china's financial institutions are warning against trading bitcoins as the bank admits while there are risks, it could still use the currency. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. hello. a warm welcome to the program. the government has just unveiled an $18.6 trillion yen stimulus package which includes 5.5 trillion yen in fresh spending measures. this is to offset the accuracy in the sales tax which is coming in in april which raises the rate effectively from 8% to 5%. it follows the unveiling of a 10.3 trillion package back in january. a number of measures will be expected as far as this package is concerned. particularly for those on the lower income as well. we will get those measures as soon as
CBS
Dec 3, 2013 7:00am PST
involving an internet sales tax. amazon an overstock.com were appealing the online levy imposed in new york state. but it's a battle imposed with results. what does this mean for online shoppers? >> all i can think about with this story is taxes. this is what it tells us we know now that the price that online retailers get is probably going to go away because that differential is really about tax. they will now be on par with the brick and mortar retailers and they won't have that edge they've had. we'll probably see less showrooming where people go to a store, they look around and pull out their mobile phone and buy the item online. we're going to see a lot more bureaucracy, states find municipalities making it so hard, so complicated, they're going to be dealing with a very tangled tax web. >> the potential tax revenue, though, for manile of these states that they would lose is huge. >> that's why these states are saying i want amazon to collect taxes coming into products coming into our state. we need the revenue. >> especially after the financial crisis. >>
CNN
Dec 3, 2013 3:00am PST
. >> it truly is. >> which is why taxes become an issue. we'll talk about that later in the show. indra petersons loves taxes. >> shopping to taxes, you just took me from here to there. >> she used to work with the irs before getting into weather. >> i'm not listening. just painful right now. let's talk about what's going on in the southeast. still talking about a wave of energy, cloudy, light showers. not a big deal into the southeast. temperatures look at this, they're amazing. we're still talking about temperatures into the 70s through atlanta, especially by tomorrow in through boston, temperatures right where they should, maybe a hint above normal. all of this is going to be changing thanks to a system out west. talk about snow. yes, we're talking about anywhere from wisconsin back through colorado. look at all these winter weather advisories. we know there is a change in store for us out on the east. of course as the system finally makes its way east. for today, 1 to 2 feet of snow, extending farther in through colorado and minnesota. we'll be looking at that as well. you can see t
CNN
Dec 3, 2013 6:00am PST
that want them to collect sales taxes from you. and that means you're probably going to pay more. i'm talking about being taxed on your internet purchases. i'll put it more simply for you. cnn's business correspondent christine romans is in new york to tell us why that's more likely. >> internet shales taxes, carol. supreme court decided it would not hear a case. it was probably the last cyber monday without sales tax for millions. states want tax revenue. online retailers want tax-free shopping. brick and mortar shops want online retailers to have the same taxes. uncollected sales tax, so the states want to find ways to get that tax revenue from web retailers. the sproem court decided not to get involved in appeals from amazon and overstock.com. the court let stand a ruling from a new york court requiring that internet retailers collect sale taxes even if they have no physical present in the state. this effectively ends, carol, ends tax-free shopping online for people and gets other states thinking about how they can bring in more taxes, too, carol. >> christine, thanks. >>> seattl
CSPAN
Dec 7, 2013 6:00am EST
and large the perimeters of the tax and apply it to areas outside the statute contemplated? >> no. >> let me qualify that. this is an abstract question. >> i will give you a chance to respond. you cite bureaucrats in the administration on the president's conduct but you don't cite any quotes for the president himself justified in his conduct and what is interesting in the most recent legislative six for the grandfather plans here is what the president says. already people that predated them can keep the plans they have in place. that was already in the law and that is what was called a grandfather clause that was included in the law. today we are going to extend that principle to people whose plans have changed since the law took effect and people that bought plans since it took effect. in other words, obamacare has a grandfather clause anything after the enactment of obamacare is illegal unless it meets the statutory requirement. with the president is saying as he is extending a grandfather clause to cover plans beyond what the statute contemplates so you think that's appropriate? >> i thin
MSNBC
Dec 7, 2013 9:00am PST
, not just a job. >> reporter: and allem, there are no new tax hikes or spending cuts on the horizon as a part of these budget battles. no major ones at least. so economists say that will also bodes well for the recovery. alex. >> kristin it, quick question about the president's schedule next hour. what is this, a saban forum he's going to be attending that and speaking? >> that's right. that is sponsored by the brookings institution. he's going to be speakinging there a forum on middle east policy. white house officials say it's up to the moderators to set the tone. i can tell you that the title of the forum this afternoon, alex, is power shifts, u.s.-israeli relations in dynamic middle east. the backdrop to this forum, the recent deal struck with iran to freeze iran's nuclear programs for six months in exchange for scaling back some of the sanctions, israel didn't like the deal. as you know, that created fresh tensions between the united states and israel. no guarantee that that will be discussed during the forum, but certainly one of the big issues in the backdrop. then of course,
CSPAN
Dec 3, 2013 12:00pm EST
of child pornography. the lock in some instances require you to file an income tax return. mr. lazarus, is the chief executive constitution capable of ignoring both categories of long? >> well, as i said several times, congressman gowdy, the president cannot refuse to apply or enforce the law for policy reasons. >> well, let's analyze that for a second. congress decided in its collective wisdom that if you possess xml at a controlled stuff as you're going to get x. amount of time in prison. you may like mandatoriness. you may not like them. this administration summarily dispensed with that law. so my question to you again is can the chief executive failed to enforce categories of laws that are both permissive and mandatory. >> it is well-established that the executive branch has prosecutorial discretion. that's a decline in force spendt what are those limits of? >> very frankly, i'm not an expert on that. >> let me ask you this. can the president -- lets us in a statute required you to show two pieces of identification to purchase a farm. can the chief executive knock that down to one?
CSPAN
Dec 6, 2013 10:00am EST
fleur, commissioner moeller and clark, welcome, happy holidays. i have one question on the tax credit and start with you in the sugar. as you know the next ten years some wind turbine orders will get tax credit hours for every hour they run. this tax credit was designed to kickstart renewables. and yes yet, it lives on the spe way and being a major part of the grid. at least 12% in my state of texas capacity. but some markets have seen prices as low as negative $41 per megawatt hour as operators get the credit and run whether that power is needed or not. granted that is an extreme example, but they can settle a lawsuit taxpayers make them whole. that moves markets back home on the new power construction in texas that public utility commission chairwoman nelson has said and this is a quote for the market distortion is caused by the renewable energy incentives one of the primary causes this distortion makes it difficult for other generation types to cover the cost and discourages investment in the new generati generation. and while the ptc isn't the only driver of the market distortion, it is a s
CNBC
Dec 2, 2013 7:00pm EST
a capitalist. and capitalism has been the winning formula -- >> tax free, save it up all those years, the inside build-up. this is what harold ford wanted when he was running for the senate and he was a democrat in the house. he was a smart moderate democrat. that's exactly what he wanted. >> because what you have is basically these terrible conflicts that you get when people basically make poor health care choices and want somebody else to bail them out. and when they own the plan, they begin to make healthy health care choices. you have to get rid of the moral hazards that we have all over the government, both in the way insurance is written today and the way it should be written. so that people have individual skin in the game and they can take these accounts and go anywhere with them. >> anywhere they want. >> isn't that more moral? half the people who are going to qualify are going into mistake. a terrible system. fairer system, everyone getting an h.s.a. better access than medicaid -- >> the mandate is you have to have an hsa. i'm okay with that. but nop mandates for the plan.
CNN
Dec 3, 2013 10:00am PST
lead to major changes in online shopping. it's all about how much tax you pay when you shop online. christine romans explains how this will affect your money. >> wolf, on the biggest online shopping day of the year, no less, the supreme court punting on the most important issue in retail right now. and that means millions of people may now have to pay state tax on their online purchases. now, states have been putting pressure on internet retailers to collect sales tax and amazon.com and overstock.com fought this effort with different results in different courts. it's a patchwork now of rulings and laws. now that the supreme court has decided not to the weigh in, states are likely to pursue the estimated $23 billion in uncollected sales taxes from web retailers. an increasing number of tats like new york have passed laws forcing internet-based retailers to collect taxes. amazon and overstock complained saying they don't have physical presence in that state. most retail analysts say the court is essentially ending a 20-year tradition of no sales tax on internet purchases. >> christin
Al Jazeera America
Dec 2, 2013 7:00pm EST
. >> a pleasure. >> the united states supreme court is staying out of state internet sales taxes. today the justices rejected an appeal regarding a new york law that requires companies to collect state taxes. amazon and overstock.com fought back and instead they brought broader federal legislation to collect from online retailers $1 million from south of state bills. the bill passed the united states senate but remained stuck in the house of representatives. that is even a bigger problem for the company given that there will not be any relief at the supreme court. two months and 400 software bugs later the obama administration said the self-imposed deadline for fixes healthcare.gov has been met for the most part. but it's the glitches that some cannot see that has consumers worried. >>> and trading your money in your 401k. some analysts believe it's a great way to increase your nest egg. others say its gambling with your golden years. it's "real money." stay tune. (vo) al jazeera america we understand that every news story begins and ends with people. >> the efforts are focused on res
CSPAN
Dec 4, 2013 7:00am EST
insurance at a reasonable cost through choice and competition on this marketplace and tax credits that you may be eligible for that can save you hundreds of dollars in premium costs month potentially. to -- now that we are getting the technology fixed ande need you to go back take a look at what is actually going on. it can make a difference in your lives and the lives of your families. the president yesterday as onlaunches the second act healthcare.gov, encouraging people to go to the website and try again. the washington times this -- the president leader and chief on obamacare. -- salesman -- cheerleader in chief for obamacare. democrats and the president are expected to have a coordinated effort in pushing healthcare.gov. --e is a congressman's tweet what do you think about the rollout of healthcare.gov enter the president fire somebody? betty in albuquerque, new mexico. democrat. thank you for accepting my call. this particular congress that we now -- i believe the th -- hasnd 12 -- 112 title of the greatest do-nothing congress in the history of the united states. they have been held
Al Jazeera America
Dec 3, 2013 2:00am EST
and tax credit individuals are eligible more. the huge problem, many of the insurers are not getting the correct information on the form. it was a big question at the white house. jay carney had this to say. >> we had instituted a number of significant fixes to the 834 forms, which are these - that's the vehicle by which information is transmitted to the issuers. we believe that the majority of fixes to 834 forms, we expect the injoe to be vastly ipp sured. we'll work with issue ers to make sure remaining problems are fixed. >> it is now crunch time, three weeks until december 23rdrd. if you're going have insurance by january 21st, the effective date of the obamacare, then you have to enrol by december 23rdrd. if you are in the individual market place, if you don't get your insurance through an employer, you'll have to log on to healthcare.gov. still experiencing a lot of problems, and now it's cunch time. >> tensions are riding in thailand. protesters demanding the prime minister's ousting filled the streets of bangkok. police put up barricades after nine days of violent demonstrati
Comedy Central
Dec 5, 2013 11:00pm PST
billionaire around here it would be a good send. they would pay a lot of taxes, spend a lot of money in the stores and restaurants and create a big chunk of our economy and we take tax revenues from those people to help people throughout the entire rest of spectrum. >> we billionaires are new york city. whereas new york is yankee stadium with the best seats bought up by bankers who don't even use them. new york is the statue of liberty. closed for a private event. >> jon: that was closed because of hurricane sandy. >> that's what they told you because you were not invited. >> jon: what was the event? >> i can't tell you but it was a secret sex party with masks. i don't know who i was having sex with a woman who looked like sumner redstone with a mask on p. the point is he is going to turn this city into a living hell. >> jon: he's not. all he is doing is adding a half percent tax increase on wealthier residents for pre,-k. >> a living hell. new yorkers traveling underground packed together in urine scented sub terrainan sewage trolleys and line up to eat wet tubes of meat dispensed f
FOX Business
Dec 4, 2013 1:00pm EST
should not be fooled by that. ashley: commuting get as little more taxing. the amount of workers can put transit costs cut in half by congress. at least those with the train. that is outrage. tracy: because they have drive evers? in tech minute we'll review lg's curved glass phone which is about to hit the store shelves. ashley: the dow has been down over 100 points for a long time but as you can see, desperately trying to make a comeback, down 99 points or there abouts. the market has been under a little bit of selling pressure these last several days. get breaking news on the fed beige book. peter baron's with the details. peteer? >> hey, ashley and tracy, the beige book for november says the economy continued to expand ad a modest to moderate pace from mid-october through mid insofar as november and the report does not appear to tee up tapering of bond purchases cuttings back on quantitative easing in next two weeks when the report will be used by policymakers. this reports e has the same language on the economy and job creation as the last meetings on beige book in october when the f
FOX Business
Dec 6, 2013 1:00pm EST
you give a word of caution yes, sir of the year? do we wait until january? people have tax issues. do you think now is good time to address the market as we're sitting on highs for the day? >> sure. anytime we get to a new high you have to be cautious and why are we here? is it based on fundamentals or is it a little frothy? i think it is based on fundamentals. cheryl: you would wait? >> i would, wouldn't necessarily, well i would actually ease in. depends on areas. i look for opportunities when stocks come down when everything else is going up. comes up on my radar why did that stock go down? what is the specific issue. that is the way which i would property it. look for more of those divergences where there are stocks maybe at the market stays where it is, what is going down. why is it going down and look there if is there good fundamental reason to do it. we have a lot of political headlines in the election year. that could cause volatility in the markets. could be fun for people. cheryl: maybe now and january time to ease into the market? ease is the word of the day. >> like a hot
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